Canada Forecast: Current Account Balance
Canada’s Current Account Balance is forecasted to be -31.775 USD bn in Dec 2020 as reported by International Monetary Fund. It records an increase from the last reported number of -35.428 USD bn in Dec 2019. Looking ahead, Canada’s Current Account Balance is projected to stand at -48.553 USD bn in Dec 2025. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: BPM6: Current Account: USD.
View Canada's Forecast: Current Account Balance from 1980 to 2025 in the chart:
What is Canada's Forecast: Current Account Balance in 2025?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -48.553 2025 | -50.050 2024 | -64.620 2012 | 24.072 2004 | USD bn | yearly | 1980 - 2025 |
Forecast: Current Account Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (USD bn) | 1.709 2025 | yearly | 2002 - 2025 |
| Albania (USD bn) | -1.505 2025 | yearly | 1980 - 2025 |
| Algeria (USD bn) | -21.281 2025 | yearly | 1980 - 2025 |
| Angola (USD bn) | 0.968 2025 | yearly | 1980 - 2025 |
| Antigua and Barbuda (USD bn) | -0.170 2025 | yearly | 2014 - 2025 |
| Argentina (USD bn) | 3.245 2025 | yearly | 1980 - 2025 |
| Armenia (USD bn) | -1.041 2025 | yearly | 1992 - 2025 |
| Aruba (USD bn) | -0.171 2025 | yearly | 1999 - 2025 |
| Australia (USD bn) | -34.510 2025 | yearly | 1980 - 2025 |
| Austria (USD bn) | 12.695 2025 | yearly | 1980 - 2025 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -6.4 Jun 2020 | quarterly | Jun 1993 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -16,582.508 Aug 2020 | monthly | May 1992 - Aug 2020 |
| Tax Revenue (USD mn) | 16,287.638 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| Tax Revenue: % of GDP (%) | 10.0 Jun 2020 | quarterly | Mar 1996 - Jun 2020 |
| National Government Debt (USD mn) | 884,096.2 2020 | yearly | 1962 - 2020 |
| Government Debt: % of GDP (%) | 54.0 2020 | yearly | 1962 - 2020 |
| Forecast: Government Expenditure (CAD bn) | 1,102.276 2025 | yearly | 1980 - 2025 |
| Forecast: Government Net Debt (CAD bn) | 2,919.284 2025 | yearly | 1980 - 2025 |
| Forecast: Government Revenue (CAD bn) | 1,094.790 2025 | yearly | 1980 - 2025 |
| Budgetary Revenue (CAD mn) | 24,067.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Revenue: Tax Revenues (TR) (CAD mn) | 21,529.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| Budgetary Expense (CAD mn) | -42,573.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Balance: Deficit or Surplus (CAD mn) | -18,506.000 Oct 2020 | monthly | May 1992 - Oct 2020 |
| Budgetary Revenue: TR: Excise Taxes & Duties (CAD mn) | 4,682.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| FIN Forecast: Budgetary Revenue (CAD mn) | 417,300.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Expense (CAD mn) | 434,500.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Balance (CAD mn) | -24,900.000 2026 | yearly | 1996 - 2026 |
| FIN Forecast: Budgetary Revenue: Tax: Excise Taxes & Duties (ET) (CAD mn) | 65,700.000 2026 | yearly | 2000 - 2026 |
| Net Financing Activities (CAD mn) | 28,736.000 Oct 2020 | monthly | Jan 1996 - Oct 2020 |
| FIN Forecast: Federal Debt (CAD mn) | 1,378,300.000 2026 | yearly | 1997 - 2026 |
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